Common Stock, $0.0001 par value per share
- Symbol
- GLND
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 7.01, 9.01 · 8-K
Greenland Energy Company
GLNDNASDAQEQUITYCurrent
Regulation FD Disclosure
Item Regulation 7.01 FD Disclosure. On September 29, 2026, the board of directors and management of Greenland Energy Company, a Texas corporation (the “Company”) issued a letter to Company shareholders responding to a report from Fugazi Research. This letter is included as Exhibit 99.1 hereto.…
Company context
We are an exploration-stage oil and gas company led by a team of industry veterans and bolstered by a deep bench of consultants with decades of experience in the energy and natural resources industries. Our primary mission is to unlock the frontier hydrocarbon potential of the Jameson Land Basin in East Greenland, a 2-million-acre onshore licensed area through application of modern exploration technologies. With an estimated 13.03 billion barrels of gross un-risked recoverable oil, we are leveraging strategic partnerships to execute the first modern onshore drilling campaign in the region, slated for 2026. March GL, our wholly-owned subsidiary, holds rights under exclusive licenses held by third parties to an over 2-million-acre area located in the Jameson Land region of East Greenland, where its licenses cover the majority of the basin. As of October 2025, independent resource estimates prepared by Sproule ERCE indicate that March GL’s licenses hold the potential resources of 13 billion barrels of oil (an estimate of the 3U gross un-risked prospective recoverable oil). The Jameson Land Basin is located in central eastern Greenland, forming a large onshore sedimentary basin within the Jameson Land peninsula. This peninsula lies along the southeastern continental margin of East Greenland, primarily between approximately 70°N and 72°N latitude. The basin represents one of the last remaining undrilled North Atlantic Margin basins and covers a structurally complex area with signi
Current securities
Registered securities in this filing
GREENLAND ENERGY COMPANY · 8-K · Filed 2026-09-29
Warrants to purchase Common Stock
- Symbol
- GLNDW
- Exchange
- NASDAQ
- Classification
- WARRANT
- Status
- Current
Disclosure sections
Item 7.01Item 7.01 - Regulation FD Disclosure
Item Regulation
7.01 FD Disclosure.
On September 29, 2026, the board of directors
and management of Greenland Energy Company, a Texas corporation (the “Company”) issued a letter to Company shareholders responding
to a report from Fugazi Research. This letter is included as Exhibit 99.1 hereto.
The information in this Item 7.01 and Exhibit
99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference
in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in
such a filing.
Filed exhibits (1)
Exhibit 99.1 To the Owners of Greenland Energy Company A research firm called Fugazi Research published a report this morning concluding that GLND is “uninvestable at any price above zero.” They’re entitled to their view. Their disclaimer says they may hold short positions and may trade before, during or after publication. We take any commentary and criticism about GLND seriously, but we will not entertain inaccurate and misleading reports provided to our shareholders and the investing public. Our shareholders deserve to hear the truth from us. What’s the current status of GLND’s activities? GLND is an exploration-stage oil and gas company focused on the development and advancement of its exploration activities in Greenland. We currently have no earnings, no production and no proved reserves. Our first well has not been drilled. We said all of this ourselves in our prospectus and our 10-Q, in plainer language than Fugazi uses. The 13-billion-barrel figure we provide is the high-end case of the 3U, unrisked prospective resource estimate prepared independently by Sproule ERCE. The same report puts the low-end case at approximately 1.1 billion barrels, with the best estimate at …
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